India’s HDFC Bank Chair Resigned After Power Struggle With CEO, FT Reports

The resignation of HDFC Bank’s former chairman Atanu Chakraborty last week stemmed from a power struggle with chief executive Sashidhar Jagdishan, the Financial Times reported on Friday, citing sources.Chakraborty had opposed extending Jagdishan’s tenure, but a majority of the bo Read More

Sensex Tanks 1,000 Pts: Why Trump’s Strike Pause Couldn’t Save Indian Markets from the Rupee’s 94.29 Rout

Indian equity benchmarks suffered a sharp correction on Friday morning, as a historic plunge in the local currency and a tactical downgrade from a global brokerage sent investors scurrying for safety.The NSE Nifty 50 shed 256.30 points, or 1.1%, to trade at 23,050.15, while the S Read More

Rupee Crashes Past 94/$ To Record Low As Escalating Iran War Fuels Oil Fears

Rupee hit a record low past the 94-per-dollar mark on Friday, hammered by worries that the energy supply crisis sparked by the Middle East war will drag on, deepening the pressure on energy importing economies.The rupee fell to 94.1575 per dollar, eclipsing its previous all-time Read More

Oil Prices Fall As Trump Pauses Attacks On Iranian Energy Plants

Perth: Oil prices fell in early trade on Friday and were down over a volatile week after U.S. President Donald Trump said talks with Iran to end the war were going “very well” ​and announced he would pause attacks on the country’s energy plants for 10 days. Brent ‌futures fell 90 Read More

Will The Iran War Have A Lasting Impact On Energy Prices?

While conflicts before the 90’s created lasting structural dislocations, in recent times, energy markets have adjusted quickly to the impact of war, making the impact lasting no longer than a couple of months.The global oil market was in excess supply prior to the war. Above-aver Read More

Mukesh Ambani-Led Reliance Industries Denies Reports Of Buying Iranian Crude

Reliance Industries Limited on Thursday rejected reports in a section of the media claiming that it had purchased crude oil of Iranian origin, calling the claims “baseless” and misleading.”Reliance Industries Limited categorically rejects recent media reports that the company has Read More

IREDA Dividend Alert: Why Investors Should Watch This Navratna Stock On Friday

Indian Renewable Energy Development Agency Limited’s (IREDA’s), a non banking financial entity, share price will be in focus in Friday’s trading session after the Navratna company announced an interim dividend for FY26.The Delhi-headquartered company on Wednesday gave its nod to Read More

India Has 60-Day Fuel Buffer; Secures 800,000 MT LPG From US and Russia to Boost Supply

The Indian government on Thursday moved to dismiss reports of an energy shortfall, confirming that the country holds a 60-day crude oil supply cover and has secured massive shipments of liquefied petroleum gas (LPG) from global partners to stabilize domestic markets.The Ministry Read More

Indian Regulator Reviewing HDFC Bank Chairman’s Exit Letter, Sources Say

India’s markets regulator has begun a preliminary review of the resignation letter of former HDFC Bank chairman Atanu Chakraborty for possible violations of rules governing directors of listed companies, two sources familiar with the matter said.Chakraborty told Reuters he was no Read More

Nayara Energy Raises Petrol, Diesel Prices: Check Rates In Delhi, UP & Other Key Cities

Nayara Energy, an Indo-Russia oil marketing company (OMC), has raised prices for both diesel, and petrol amid the ongoing crisis in West Asia, which has led to a global shortage in fuel supplies.The Rosneft-backed entity increased petrol prices per litre by Rs 5 and hiked diesel Read More